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Cancellation of Contract at Fault Form

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as omary mentioned the the conventional wisdom is that contract law is strict liability which is certainly what I've always told my students and um I'm teaching contracts now and I've begun to wonder why I'm still telling my students this um the uh now most of the work in law and economics has taken strict liability for granted George con's is an important uh uh exception to this uh point but but most of it is taken strict liability for granted and is focused on damages rules and um what I want to do is use the models that people have used to analyze damages rules and show that you can use the same type of model to show that um a negligence rule could be just as good or maybe better than a strict liability rule um the uh the model uh this is this will be very familiar to many people in the room uh because it's just uh it's people have been using it for at least 20 years years uh but some of you will not have heard of it so I&#

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